Gaming regulators in New York have decided that those daily fantasy sports contests that look and feel an awful lot like NY sports betting are, in fact, a bit too much like the real thing.
In an Aug. 2 update to the public Register, the NY State Gaming Commission determined that the proposition contests found on certain interactive fantasy sports sites are “essentially sports betting.”
Accordingly, the commission rejected a commenter’s request to amend proposed DFS regulations banning prop contests “that have the effect of mimicking proposition betting.”
Specifically, the new rules state:
“Contests in which a contestant must choose, directly or indirectly, whether an individual athlete or a single team will surpass an identified statistical achievement, such as points scored, are prohibited.”
